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Australian manufacturing companies awarded $17M in defence industry funding

Australia’s manufacturing sector has received a funding boost, with the Australian Government allocating more than $17 million to 44 local businesses through the latest round of the Defence Industry Development Grants (DIDG) program, aimed at strengthening sovereign manufacturing capability across the defence industry.

IperionX secures $12.5M US defence funding to boost titanium manufacturing

IperionX Limited has received USD 12.5 million in new funding from the US Department of Defence (DoD) to accelerate the scale-up of titanium manufacturing capacity in the United States, as part of its previously announced USD 47.1 million award to strengthen the Defence Industrial Base.

IperionX to accelerate US titanium manufacturing with in DoD backing

IperionX Limited has secured a contract worth up to USD 47.1 million (AUD 74 million) from the US Department of Defence (DoD) to enhance the domestic titanium supply chain.

4DMedical secures US Department of Defence contract for CT:VQ pilot program

4DMedical, a leader in advanced respiratory imaging technology, has secured a contract with the United States Department of Defence (DoD) to pilot its CT Ventilation-Perfusion (CT:VQ) technology. 

Additive manufacturing for military, defence to surpass $800M in 2024, $2.6B by 2030 –...

The latest market study from Additive Manufacturing Research (AM Research) reveals that the use of additive manufacturing (AM) in military and defence is experiencing unprecedented growth. 

Aurora Labs expands into defence sector with new 3D printing order

Aurora Labs, a provider of advanced 3D printing technology, has secured a purchase order from the Australian Government's Department of Defence.

Austal declines unsolicited Hanwha offer, citing regulatory obstacles

Austal Limited has confirmed the reception of an unsolicited, conditional, and non-binding indicative proposal from Hanwha Ocean Co, Ltd (Hanwha) to acquire Austal through a scheme of arrangement.

CIMIC’s CPB Contractors to spearhead Army Aviation Program in Townsville

CIMIC Group's CPB Contractors has been chosen by the Australian Government's Department of Defence to undertake the Army Aviation Program of Works at the Royal Australian Air Force (RAAF) Base Townsville.

Advanced Navigation wins defence grant to pioneer photonic chip manufacturing in Australia

Sydney-based manufacturer Advanced Navigation has secured a significant grant from the Australian Department of Defence to propel the nation's sovereign manufacturing capability for photonic chips.

Report urges defence sector to invest $1B in Australian SMEs

The Sovereign Australian Prime Alliance (SAPA) and Australian Industry & Defence Network (AIDN) have collaborated on a report detailing a strategy to cultivate defence prime contractors and create a new $1 billion fund to acquire capabilities and services from medium and small companies.
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From cost exposure to cost control: Using energy flexibility to protect margins

Electricity price volatility is reshaping the cost base of Australian manufacturing, challenging long-held assumptions that energy can be treated as a stable operational input.